V-1.1 - Securities Act

Full text
142. (Replaced).
1982, c. 48, s. 142; 1984, c. 41, s. 40; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 41.
142. An offeror having declared in the take-over bid circular that he intends to acquire securities under the exemption provided for in section 120 may do so from the third working day following the opening of the bid, subject to a ceiling of 5% for purchases so effected by the offeror and his joint actors.
The offeror shall declare the purchases effected by him or his joint actors each day, when the market closes, by way of a press release in the form prescribed by regulation. The release is filed forthwith with the Authority and transmitted to the stock exchanges on which the security is listed.
1982, c. 48, s. 142; 1984, c. 41, s. 40; 2002, c. 45, s. 696; 2004, c. 37, s. 90.
142. An offeror having declared in the take-over bid circular that he intends to acquire securities under the exemption provided for in section 120 may do so from the third working day following the opening of the bid, subject to a ceiling of 5% for purchases so effected by the offeror and his joint actors.
The offeror shall declare the purchases effected by him or his joint actors each day, when the market closes, by way of a press release in the form prescribed by regulation. The release is filed forthwith with the Agency and transmitted to the stock exchanges on which the security is listed.
1982, c. 48, s. 142; 1984, c. 41, s. 40; 2002, c. 45, s. 696.
142. An offeror having declared in the take-over bid circular that he intends to acquire securities under the exemption provided for in section 120 may do so from the third working day following the opening of the bid, subject to a ceiling of 5% for purchases so effected by the offeror and his joint actors.
The offeror shall declare the purchases effected by him or his joint actors each day, when the market closes, by way of a press release in the form prescribed by regulation. The release is filed forthwith with the Commission and transmitted to the stock exchanges on which the security is listed.
1982, c. 48, s. 142; 1984, c. 41, s. 40.
142. The Commission may grant exceptions to the time limits prescribed in this title in the case of bids subject to different time limits imposed by another Canadian legislative authority.
1982, c. 48, s. 142.